MyMarketPulse (mymarketpulse.com) recently disclosed its December 2024 findings on the housing market conditions in Covington, Virginia.
December 2024’s data reveals a Median Sale Price of $88,700 for homes in Covington. This figure represents a growth of 4.4% month-over-month and a 6.6% year-over-year increase.
Sales of homes in the region saw 6 homes changing hands. This represents an increase of 20.0% from the month before and up 20.0% compared to the same month last year.
The Median Days on Market for homes in Covington stood at 19 days, which is a decrease of 26 days days over the previous month and down by 19 days day from the previous year.
The Market Pulse Score for Covington comes in at 85, pointing to a declining trend within the local real estate market.
For more information about the Covington, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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